Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.1 and a net worth ratio of 19.0. A current level of 13.1 percent of nonperforming loans to core capital contributes to the Good asset quality (6.5).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10). Good liquidity 5.3, driven by a liquidity ratio of 13.6 percent and a “hot money” ratio of 0.6 percent.
Asset Mix:
Comm loans (11%), consumer loans (9%), home mtgs (7%), other (73%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
1110 Elkton Road
Newark, DE 19711
Newark, DE 19711
Phone Number
(302) 738-4515
NCUA Charter Number
Website
Largest Competitors
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